Federal Tax Credit FAQs

Q:

What is the federal tax credit for energy efficiency?

A:

On Feb. 17, 2009 President Obama signed a stimulus bill that included tax credits on purchases that increase energy efficiency in existing homes. Tax credits are for 10% of the purchase price up to a maximum of $1500 for windows and doors, insulation products, HVAC, water heaters, roofs, and biomass stoves for existing homes.

The tax credit for 2011 is subject to a lifetime limitation of $500 and a reduction for the amount of Section 25C credits taken in prior years. It is recommended that you consult your tax advisor regarding your individual tax situation and your ability to claim this tax credit.
The ComforTrack Plus Energy Saving Sidetrack Insulation System is an Eligible Building Envelope Component and meets the requirements for the Non-business Energy Credit under Section 25C as amended by the Tax Relief, Unemployment Reinsurance Authorization and Jobs Creation Act of 2010 of the internal revenue code. The ComforTrack Plus Insulation System is specifically and primarily designed to reduce heat loss or gain in a house.

The ComforTrack Plus Insulation System qualifies for Federal Tax Credits for energy efficiency under the category of insulation. The ComforTrack Plus system is designed specifically for energy savings, reducing heat loss in the winter and heat gain in the summer. Home owners should consult with a tax advisor to verify they qualify for the tax credit.

Q:

Do my installation fees qualify for the Tax Credit as well?

A:

No, only the cost of the ComforTrack Insulating Shades qualifies for the tax credit.

Q:

What do I have to do to receive the federal tax credit?

A:

Submit IRS tax form 5695 with your 2011 tax return for the year of purchase. Retain a copy of the sales receipt for the ComforTrack Insulating Energy Savings Shades and a copy of Comfortex's Certification Statement. Consult with your tax advisor.

Q:

Where can I find more information about the Federal Tax Credit?

A:

More details can be found on the U.S. Environmental Protection Agency and the U.S. Department of Energy. www.energystar.gov